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Bateau Bay Suburb Insights
VICLocation Information
Suburb Name
Bateau Bay, VIC
Distance from CBD
20.6 kmDemographics
Population
12,146
Median Income
$30,316
Area Information
Area
6.94 km²
Population Density
1750 people/km²
Property Market
Median Price
$1,127,462
Annual Growth
+12.9%Property Price Trend Analysis
Current Median Price
$1,127,462
Annual Growth
+12.9%
Quarterly Growth
+3.8%
Price Trends - Last 6 Months
2024-01
$482,915
+7.1%2024-02
$646,806
+11.9%2024-03
$1,096,006
+11.2%2024-04
$1,124,258
+7.8%2024-05
$822,353
+11.2%2024-06
$731,113
+15.5%Property Type Price Analysis
House
Median Price
$1,632,704
Growth Rate
+5.6%Available Listings
399 properties
Apartment
Median Price
$407,643
Growth Rate
+9.9%Available Listings
686 properties
Townhouse
Median Price
$610,407
Growth Rate
+16.7%Available Listings
302 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Strong quarterly growth momentum
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy